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Sunday, May 05, 2024

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Category: Money

Home » Finance » Money » Page 5

What’s trending at Trendlyne, the inventory analytics startup?

Theresa E. Brinn

The corporate’s business-to-business (B2B) prospects account for 60% of its consumer base, and embrace brokerages similar to HDFC Securities, Motilal Oswal, ICICI Securities and IIFL Securities. That’s probably one motive why Trendlyne is worthwhile. “Trendlyne grew to become Ebitda constructive in FY2022 and that development is continuous,” says Yesodharan, co-founder and chief advertising and marketing officer. (Ebitda is brief for earnings earlier than curiosity, taxes, depreciation, and amortization.)

Graphic: Mint

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Graphic: Mint

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Influence of digital lending guidelines on borrowing

Theresa E. Brinn

In September 2022, the Reserve Financial institution of India (RBI) issued new tips to control digital lending actions in India. The brand new tips launched numerous adjustments together with imposing restrictions on current mortgage disbursement and compensation fund-flows, prohibiting grant of credit score on e-wallets, regulating assortment of charges by lending apps, mandating obligatory reporting of all digital loans to the credit score bureaus, regulating assortment and utilization of buyer knowledge by fintech corporations, and curbing first loss default assure (FLDG) preparations.

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IndusInd Financial institution companions Qatar and British Airways to launch co-branded bank card

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NEW DELHI: IndusInd Financial institution, British Airways Government Membership and Qatar Airways Privilege Membership on Thursday introduced a partnership to introduce a multi-branded bank card, powered by Visa.

The multi-branded bank card is slated to be launched and made accessible to shoppers within the first quarter of the monetary yr 2023-24. By way of this, members will be capable to acquire Avios, the rewards foreign money for British Airways Government Membership and Qatar Airways Privilege Membership, by signing up and selecting their most well-liked loyalty programme.

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